tobias levkovich is with citigroup as we look at saudi arabia and north dakota. is add more say about this recent decline in oil -- what does ed morris say about this recent incline and oil? >> it is regional geopolitics king between the saudi arabians and others. he things maybe we will get a bounce and settle around $75 over the next several years. >> vince, i look at others who have been calling for a pullback from the 100 level. can you bring up my morning must read? the fight for market shares become a bareknuckle affair, call it oil price war three. prices will be allowed to decline until some producers have to cut production or shutdown. what is the ball case for oil right now? think about the demand supply dynamics right now, you have the eagle, the bob can, and you have the permian basin -- >> that is supply coming on. thees, and you look at general averages, but returns are still reasonable in the $70 range that wellt's talk about shutdowns, like midland, texas 30 years ago. shutdown levkovich number three? ballgamea different today versus 30 years ago.